This book shows that privatization in Britain constitutes a form of
state power. After analyzing the historical and ideological
background, the study examines how market processes indirectly
extend state control by governing participation in state asset
sales, regulatory regimes, deregulated policymaking and the
marketization of trade unions. Privatizing control remade British
democracy. Direct state power has been concentrated and held in
reserve, while market processes guide wide areas of routine
decision-making. Thus, it is demonstrated that privatization has
depoliticized choice and diminished freedom.
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